A Bottomless Pit

The state needs money. So the state of Californina is going to sell the Del Mar Fair grounds, among other things. Will this be the end of our county fair? The fair has been held in Del Mar since 1936 though the tradition of our county fair goes back to 1880. The fair grounds were chosen by Arnold because of their value. Much of the value is location. And good management has made the grounds profitable. It doesn't run on tax money.

Still, once the fair grounds become private property will profits from the current use be enough that a buyer can afford the property taxes and fees connected with running a private enterprise, while getting the payment price back in a reasonable time? If not, the location of the land would make it necessary to find a more profitable use for the property. That means development.

If the fair grounds are turned into condos it will break my heart and same for lots of us who remember a lifetime of good times at the fair and the Del Mar races.

Why should we loose our fair so the state can balance their budget? This is just the beginning. What will they sell after they take away all our parks?

 

I'm very glad that I didn't vote for Arnold!!! And I hope this isn't a scam for some people to get their hands on the fair grounds...if it is I hope they spend their old age in prison.

Update: The state is selling the fair grounds and the race track to the city of Del Mar for $120 million. Hopefully this deal will save the fair for future generations.

Another Update: The Del Mar fairgrounds and race track not going to be sold to the city of Del Mar just yet...if ever. Too many people not happy with the deal. Some say price is too low. Yet the state wants taxpayers to pay for what the people already own. The people that run the fairgrounds are angry. They feel left out. But what if the grounds are just sold for condos...won't they be out then anyway?